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Fly News Breaks for May 3, 2018
CLH
May 3, 2018 | 12:04 EDT
As previously reported, Canaccord analyst Bobby Burleson upgraded Clean Harbors to Buy from Hold and raised his price target to $60 from $54 ahead of what he expects to be an improving environment for waste streams and pricing. In a pre-open research note, the analyst noted that key drivers of his constructive view include higher oil prices and associated investment, stable base oil, and tax cuts driving domestic capital spending and higher value waste streams/higher incinerator pricing.
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